When you see an SM or M symbol next to a stock on CubePlus, it indicates the category of stocks listed on NSE Emerge or BSE SME, which can be traded directly on our platform. Stocks listed on NSE Emerge fall under the SM (Small and Medium enterprise)category (SME-NSE), while those listed on BSE SME are categorized as M (SME-BSE). It's important to note that stocks in these categories are traded only in multiples of their lot size. The lot sizes have a minimum value of more than a lakh rupees at the time of fresh Issue and is designed for Clients who have the appetite to take higher risks by committing to Invest higher sums of money.  Trading in single shares or odd quantities is not possible.

To delve deeper, NSE Emerge is an exchange facilitating emerging corporates to raise capital through a credible admission process. This exchange is instrumental in providing additional avenue to fund Small and Medium-sized enterprises (SMEs). The EMERGE asset class includes companies with high growth potential, subsidiary companies, firms funded by VC firms/angel investors, and project SVPs. Similarly, BSE SME (BSE-SME-EBOOK) functions on similar lines, providing a platform for SMEs and investors to connect and transact.